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20121116
20121116
STATION
KQEH (PBS) 1
LANGUAGE
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to be accelerating the un-pegging versus the u.s. dollar, which will create more uncertainty about the dollar versus china, and therefore the value of what business companies are doing in china. >> tom: we spoke with william nobrega, managing partner at the conrad group, an emerging markets investment advisor about what the new leaders need to do. one of the things that they need to do is taking the reform and building the institution so they need a robust healthcare system and education system. therthere is a growing inequaliy between rich and poor in china and that is a grave concern for the new leadership. >> the outgoing president 'senet corruptions that you haven't heard from a chinese leader. saying "combatting corruption is a major political issue" how big of an economic issue is it. they are going to lose faith in the government and you can see some wide scale issues coming about. the question is can they tackle corruption and they have not been successful yet. $120 billion has left the country in graft. it filters through to the provinces and it's a big issue. >> are you looking at china pu
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